The expansion of innovative financial services for small businesses in Australia is gaining momentum through a new strategic partnership. Thredd, a next-generation global payments processor, has been selected to power the business accounts for ANNA Money in Australia, delivering a suite of modern payment tools designed to simplify financial management for entrepreneurs.
Thredd is powering ANNA Money's business accounts and cards in Australia.
The partnership provides instant virtual and physical commercial debit cards.
The platform is engineered for secure mobile wallet support.
ANNA's accounts integrate bookkeeping and tax automation tools.
Thredd's cloud platform offers the reliability and speed needed for ANNA's growth.
The collaboration aims to make financial admin effortless for small businesses.
The core of the partnership involves Thredd providing the payment processing infrastructure for ANNA Money's Australian operations. This includes the delivery of instant virtual cards and physical commercial debit cards for business customers. The platform is engineered with secure wallet support, allowing customers to add their cards to leading mobile wallets as they become available. All transactions are backed by Thredd's real-time authorisation and settlement, ensuring a seamless user experience.
This new agreement represents a consolidation and expansion of the companies' existing relationship in the region. ANNA Money is consolidating its recently launched ANNAOne Business Account onto Thredd's cloud-native platform. This move provides ANNA with the operational reliability, scalability, and accelerated speed to market required for its ambitious expansion plans within the Australian market.
ANNA Money's offering extends beyond simple payments, aiming to create a comprehensive financial super-app for small businesses. The account integrates essential tools for automated bookkeeping and tax support, including features like automated receipt capture, spend categorization, and BAS/IAS preparation and filing. By combining Thredd's payment rails with these administrative tools, the partnership seeks to help small business owners minimize paperwork and focus more energy on growth.
The collaboration between Thredd and ANNA Money signifies a focused effort to address the specific financial and administrative challenges faced by small businesses. By leveraging a modern, cloud-based payments platform, ANNA can rapidly deploy features that not only facilitate transactions but also automate the backend financial tasks that often burden entrepreneurs. This integrated approach is poised to provide Australian small businesses with a more supported and streamlined way to manage their finances.
ANNA is a financial super-app for small businesses. We help business owners start and run their companies with tools for formations, payments, bookkeeping and tax - including automated receipt capture and BAS/IAS filing - so money admin feels simple and supported. ANNA operates in the UK and Australia with the vision to be the first name business owners think of when they get started or want to grow. Learn more at annamoney.au
Thredd is the trusted next-generation payments processing partner for innovators looking to modernise their payments offerings worldwide. We process billions of debit, prepaid and credit transactions annually, serving over 100 fintechs, digital banks, and embedded finance providers, from consumer to corporate, based across 47 countries. Learn more at https://www.thredd.com